Research Article
Competition, Survival Issue, and Performance Constraints of Banks: Evidence from Ethiopian Private Commercial Banks
Table 4
Stationary test (unit-root test using Levin–Lin–Chu).
| Variable | Statistic | |
| DER | Unadjusted t: −19.2265 Adjusted t: −5.8091 | 0.0021 |
| CAR | Unadjusted t: −20.5214 Adjusted t: −8.7825 | 0.0000 |
| Total loan/total assets (TL/TA) | Unadjusted t: −26.0265 Adjusted t: −9.9124 | 0.0024 |
| Total investment/total asset (TI/TA) | Unadjusted t: −22.4484 Adjusted t: −10.1287 | 0.0004 |
| Net profit per employees (NP/Em) | Unadjusted t: −26.0028 Adjusted t: −7.1602 | 0.0000 |
| Total loans per branches (TL/Br) | Unadjusted t: −25.8747 Adjusted t: −5.7825 | 0.0019 |
| Total income/total assets (Tinc/TA) | Unadjusted t: −18.1589 Adjusted t: −6.1825 | 0.0041 |
| Interest income/total income (II/Tinc) | Unadjusted t: −16.5214 Adjusted t: −8. 3214 | 0.0032 |
| Noninterest expense/total expense (NIE/TE) | Unadjusted t: −23.8973 Adjusted t: −8. 6895 | 0.0000 |
| Total liquid assets/total deposit (TLA/TD) | Unadjusted t: −25.3794 Adjusted t: −6.0749 | 0.0061 |
| Cash/total deposits (cash/TD) | Unadjusted t: −24.0994 Adjusted t: −7. 2465 | 0.0009 |
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